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Property profile & analytics
OFF-MARKET Estimated value $2,095,000
Strip malls

29702 Southfield Rd Southfield, MI 48076-2096

19,730 SF 0.8 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US43-1308140
Property summary
AI-generated overview

This turnkey restaurant opportunity in Southfield, Michigan presents a unique chance to acquire an established business with significant growth potential. Located at 29702 Southfield Road, this 19,730 square foot restaurant sits on a 0.8-acre lot in a high-traffic business district. The property, currently operating as JJ Fish and Chicken, has been successfully running since 2017, demonstrating a proven track record. The sale includes all state-of-the-art equipment, allowing for immediate operation with minimal setup required. The business is ready for a new owner to step in and continue its success. This is an exceptional opportunity for an experienced restaurateur looking to acquire an established business with existing infrastructure and clientele. The prime location on Southfield Road ensures high visibility and accessibility, attracting a large customer base. The substantial square footage provides ample space for operations, seating, and potential expansion. This is a truly turnkey operation, minimizing the time and resources needed to launch or relaunch the business. The asking price for this exceptional opportunity is $269,900. Serious inquiries only.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 19,730 SF
Lot 0.8 ac (34,848 SF)
Zoning code RS
APN 76-24-12-301-007
UPID US43-1308140
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lavash Grill Restaurant
  • Dr. Jana Tumpkin Mcqueen, DDS Dental Office
  • Bangkok Express Cafe Restaurant
  • J J Fish & Chicken Restaurant
  • Spoiled Forever Clothing Store Boutique
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$2.10M
Owner & transaction history
Ar Southfield Plaza LLC Hbn Southfi
Ar Southfield Plaza LLC Hbn Southfi
since 2025
2 recorded transactions
2025
Price N/A
2010
Price N/A
Zoning & alternative use
RS · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.5M +89.3%
Restaurant $3.4M +86.0%
Auto repair, garage $2.4M +31.7%
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